FOOD PRICES

Nagpur: People are unhappy with the performance of Narendra Modi government at the Centre during its first 100 days as it has failed to keep its promises on rising prices and inflation, the National Congress Party said on Saturday.
"People are not at all happy with the BJP government at the...

New Delhi: Consumer price inflation accelerated to a twomonth high of 7.96 per cent in July, driven up by surging prices for vegetables, fruit and milk, government data showed on Tuesday.
A Reuters poll had forecast the consumer price inflation rate would edge up to 7.4 percent from 7.31 percent in...

New Delhi: Blaming the rise in food prices on hoarding and blackmarketing, Food Minister Ram Vilas Paswan on Thursday said the government will come down heavily on hoarders and bring down prices at the earliest.
Paswan, who is also Minister of Consumer Affairs, said the government's top priority is to control...

New Delhi: The Congress hit out at the Narendra Modi government over the slew of measures announced to curb the rising food prices. As inflation hit fivemonth high and rising food prices have sent the Modi government into a huddle.
Former Food and Public Distribution Minister KV Thomas said that the...

New Delhi: The Union Agriculture Ministry is monitoring rising onion prices and other commodities. According to ministry officials, they are in touch with the Finance Ministry.
A senior official said, "We are in constant touch with the Finance Ministry and will soon come with some measures to check rising prices. Officials...

New Delhi: Wholesale pricesbased inflation in May accelerated to a fivemonth high of 6.01 per cent, driven up by higher food and fuel costs, government data showed on Monday.
The rise in the wholesale price index (WPI) compared with a 5.4 per cent yearonyear jump forecast by economists in a Reuters...

New Delhi: Food Minister Ram Vilas Paswan is scheduled to meet Prime Minister Narendra Modi on Friday to discuss about food prices and sugarcane arrears, among other issues.
"The meeting is scheduled in the evening. The Food Minister will brief the Prime Minister about prevailing food price situation, concerns about sugarcane...

New Delhi: Costlier vegetables and fruits, such as onions and tomatoes, drove retail inflation to 10.09 per cent in October, entering double digits after seven months.
Inflation as measured by the consumer price index (CPI) was at 9.84 per cent in September and 9.52 per cent in the previous month.
Vegetable prices...

Prices of fish have increased by over Rs 200 in Park Circus Market, Kolkata. Traders say that the torrential rain have led to the increase in fish prices. Price rise has become a dampener for millions of Indians this festive month. The prices of food commodities have pushed food inflation...

As the country celebrates Eid on Wednesday, price rise has become a dampener for millions of Indians this festive month. The prices of food commodities have pushed food inflation to a 3year high of 18 per cent in August. Onion is the main villain among vegetables, followed by cereals, egg,...

Kolkata: Providing cheaper food is good politics for any government. And the Mamata Banerjee led West Bengal government has been doing just that by dotting Kolkata with mobile vans that provide fish, chicken, vegetables and fruits at reasonable prices to the consumer.
A number of government "fairprice" mobile vans selling chicken,...

New Delhi: After revising the food tariff for all trains except premier services in 2012, Railways have firmed up a proposal to increase the rates of food served in Rajdhani, Shatabdi and Duronto. As per the proposal, the overall increase in food item would be higher for passengers travelling in...

New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March.
Rural inflation was also seen...

Mumbai: India's high food inflation is a negative for the country's sovereign ratings as it filters through the broader economy, with adverse consequences for growth and the large fiscal and current account deficits, Moody's said on Monday.
Moody's Investors Service is the only one of the three major credit agencies to...

New Delhi: India's annual consumer price inflation rose in October to 9.75 per cent, government data showed on Monday.
India's retail inflation is the highest among the BRICS group of emerging economies Brazil, Russia, China, and South Africa and is way above what the Reserve Bank of India (RBI)...

Minneapolis: The drought gripping more than half the country is a major reason why consumers can expect to pay 3 per cent to 4 per cent more for groceries next year, the US Department of Agriculture said on Wednesday.
Milk, eggs, beef, poultry and pork prices will all be affected because...

Mumbai: Faced with slowing economic growth and a dangerously high balance of payments deficit, about the last thing India needs is food prices pushing inflation higher, but that is just what the weather gods are brewing.
Rains have been patchy since the start of the monsoon season, which runs from June...

New Delhi: After petrol prices, it's the vegetables that are making the aam aadmi feel the pinch. Across the country, the prices of basic vegetables have increased by nearly Rs 1015. Those out grocery shopping now have second thoughts about what to cook.
Delhi has seen the maximum jump with tomatoes...

Washington: The United States is facing "worst drought" in 25 years which could fuel food price inflation in the country, a top Obama Administration official said in Washington.
As many as 61 per cent of the land mass of the United States is currently being characterised as being impacted by...

New Delhi: India's headline inflation slowed to its lowest level in five months in June helped by a moderation in fuel prices, adding to pressure from business leaders for a cut both in interest rates and fuel subsidies to help revive the lacklustre economy.
The wholesale price index (WPI) rose a...

New Delhi: India's wholesale price index (WPI) rose a lowerthanexpected 7.25 per cent in June from a year earlier, mainly driven by higher food prices, government data showed on Monday.
Analysts on average had expected an annual rise of 7.62 per cent. Wholesale prices provisionally rose 7.55 per cent in May.
The...

Bangalore: Soaring food costs likely pushed Indian inflation to its highest level this year in June, a Reuters poll showed, suggesting the Reserve Bank of India (RBI) will remain hawkish on monetary policy.
The survey of 30 economists showed wholesale prices rising by an annual 7.62 per cent in June, slightly...

New Delhi: Reserve Bank is unlikely to soften its monetary stance in its policy review later this month due to high inflation even though sluggishness in industrial output growth for May calls for cut in policy rates, say experts.
The Reserve Bank of India (RBI) is guided by inflationary expectations. Inflation...

Jalandhar: Buried in recent monthly data for wholesale prices in India, the wild gyrations of a humble vegetable tell the tale of an economy trapped in inflation by its own rigidities.
Back in December, after a bumper harvest of potatoes, furious farmers dumped tonnes of their crop on roads in protest...

New Delhi: The retail inflation for industrial workers stood at 8.65 per cent in March, higher than 7.57 per cent in February due to a spurt in food prices.
"The point to point of inflation based on CPIIW also increased from 7.57 per cent in February to 8.65 per cent...